The necessities imposed by the Covid-19 pandemic last year helped open plenty of business opportunities for startups and tech-based companies and would push further growth in the technology sector and e-commerce platforms in the country this year.
According to Qatar Chamber general manager Saleh bin Hamad al-Sharqi, 2021 would be “an exceptional year” for companies specialising in the technology sector and in e-commerce
“The Covid-19 pandemic has accelerated the growth and development of e-commerce,” emphasised al-Sharqi in an interview with Al Arab newspaper, which was featured in Qatar Chamber’s monthly economic magazine, Al Moltaqa.
Al-Sharqi stated that the e-commerce industry in Qatar “has achieved significant growth” during the pandemic, adding that the government “has made great strides” in developing the country’s digital transformation and infrastructure, “which resulted in the rapid growth of this sector.”
The Covid-19 crisis should represent an impetus for exerting extra efforts, opening the scope for the e-commerce sector, and encouraging entrepreneurs by providing support, facilities, training, and regulating laws,” al-Sharqi pointed out.
According to al-Sharqi, Qatar Chamber is strongly supporting the technology industry because of its importance to the growth of the national economy. “This type of trade coincides with the technological development adopted by the state,” the Qatar Chamber official noted.
He added: “Qatar Chamber has succeeded in developing an advanced technological infrastructure during the past few years. This contributed to facilitating the transactions provided to the business community and its members.”
Al-Sharqi’s forecast reflects the recent announcements made by Qatar-based startups and fintech companies.
Earlier, Qatar-based innovative financial services App, Cwallet, announced that among its top plans for 2021, specifically in the third quarter of the year, is the release of the ‘Cwallet Mobile Money 3.0’.
Cwallet CEO and founder Michael Javier said the plan is “ambitious update” to its current offering, allowing users to pay, shop, and subscribe to favourite brands in the Cwallet marketplace, while earning loyalty rewards and cashback bonuses.
He said further investment will also be made internally, with Cwallet expanding its workforce to include expertise in the fields of information and cybersecurity, growth hacking, and customer management.
In a recently-held webinar, Ahmed Isse, co-founder of Dibsy (Pay wise), explained that the company aims to revolutionise the future of payment solutions in Qatar by helping merchants resolve some of the issues they are facing, thus making online payments easy.
During the webinar, Isse showcased Dibsy’s collect digital solutions (Pay by Link, Plugins, Complete APIs, Recurring Payments), Dibsy Disburse (One to one & One to many), and Dibsy Verify (Customer Validation, Transaction Monitoring).
According to Qatar Chamber general manager Saleh bin Hamad al-Sharqi, 2021 would be “an exceptional year” for companies specialising in the technology sector and in e-commerce
“The Covid-19 pandemic has accelerated the growth and development of e-commerce,” emphasised al-Sharqi in an interview with Al Arab newspaper, which was featured in Qatar Chamber’s monthly economic magazine, Al Moltaqa.
Al-Sharqi stated that the e-commerce industry in Qatar “has achieved significant growth” during the pandemic, adding that the government “has made great strides” in developing the country’s digital transformation and infrastructure, “which resulted in the rapid growth of this sector.”
The Covid-19 crisis should represent an impetus for exerting extra efforts, opening the scope for the e-commerce sector, and encouraging entrepreneurs by providing support, facilities, training, and regulating laws,” al-Sharqi pointed out.
According to al-Sharqi, Qatar Chamber is strongly supporting the technology industry because of its importance to the growth of the national economy. “This type of trade coincides with the technological development adopted by the state,” the Qatar Chamber official noted.
He added: “Qatar Chamber has succeeded in developing an advanced technological infrastructure during the past few years. This contributed to facilitating the transactions provided to the business community and its members.”
Al-Sharqi’s forecast reflects the recent announcements made by Qatar-based startups and fintech companies.
Earlier, Qatar-based innovative financial services App, Cwallet, announced that among its top plans for 2021, specifically in the third quarter of the year, is the release of the ‘Cwallet Mobile Money 3.0’.
Cwallet CEO and founder Michael Javier said the plan is “ambitious update” to its current offering, allowing users to pay, shop, and subscribe to favourite brands in the Cwallet marketplace, while earning loyalty rewards and cashback bonuses.
He said further investment will also be made internally, with Cwallet expanding its workforce to include expertise in the fields of information and cybersecurity, growth hacking, and customer management.
In a recently-held webinar, Ahmed Isse, co-founder of Dibsy (Pay wise), explained that the company aims to revolutionise the future of payment solutions in Qatar by helping merchants resolve some of the issues they are facing, thus making online payments easy.
During the webinar, Isse showcased Dibsy’s collect digital solutions (Pay by Link, Plugins, Complete APIs, Recurring Payments), Dibsy Disburse (One to one & One to many), and Dibsy Verify (Customer Validation, Transaction Monitoring).